Loan Underwriter Jobs in Corona, CA
A Loan Underwriter in the banking industry is responsible for evaluating and approving or rejecting loan applications based on the borrower's creditworthiness. They assess the risk involved in lending money to a particular borrower by scrutinizing their financial information, including credit history, income, employment stability, and debt-to-income ratio. They also establish lending terms and conditions, ensure compliance with regulatory standards, and communicate decisions and related information to applicants and loan officers. Since loan underwriting involves significant decision making, it plays a crucial role in maintaining the financial health and sustainability of a bank.
Prior to their role as a Loan Underwriter, an individual may have experience as a Loan Processor, Credit Analyst, or Financial Advisor. These positions help to build a solid foundation in credit analysis, risk assessment, and financial advisory, which are essential skills for Loan Underwriters. Loan Underwriters should have strong analytical, decision-making, and communication skills. They should also possess a detailed knowledge of credit and lending procedures, as well as relevant regulatory standards. Certifications such as the Mortgage Loan Originator (MLO) license or Certified Mortgage Underwriter (CMU) can enhance their credibility and career prospects in the industry.
Qualifications Mortgage Underwriter Qualifications Minimum three years of mortgage underwriting experience, with solid working knowledge of underwriting guidelines....
VP, Senior Underwriter Portfolio Manager MMB - San Diego
- Irvine, CA (13 miles from Corona, CA)
- 4 days ago
- Irvine, CA (13 miles from Corona, CA)
- 4 days ago
Responsibilities Candidates will work within a team construct to take a leadership role in the credit underwriting and portfolio management of diverse debt solutions for middle-market companies....
Commercial Credit Underwriter I-II
- Newport Beach, CA (24 miles from Corona, CA)
- 10 days ago
- Newport Beach, CA (24 miles from Corona, CA)
- 10 days ago
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...
Sr Financial Underwriter, Employer Direct - Remote
- Irvine, CA (13 miles from Corona, CA)
- 19 days ago
- Irvine, CA (13 miles from Corona, CA)
- 19 days ago
Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by...
Remote WorkBilingual Senior Underwriter, Insurance Lending Solutions
- Ontario, CA (13 miles from Corona, CA)
- 19 days ago
- Ontario, CA (13 miles from Corona, CA)
- 19 days ago
Proficient underwriting skills, with a minimum of 2-4 years of commercial lending experience. Insurance lending experience preferred....
Senior Underwriter, Insurance Lending Solutions
- Ontario, CA (13 miles from Corona, CA)
- 19 days ago
- Ontario, CA (13 miles from Corona, CA)
- 19 days ago
Proficient underwriting skills, with a minimum of 2-4 years of commercial lending experience. Insurance lending experience preferred....
Portfolio Manager/Underwriter - Commercial Real Estate
- Irvine, CA (13 miles from Corona, CA)
- 30+ days ago
- Irvine, CA (13 miles from Corona, CA)
- 30+ days ago
RESPONSIBILITIES Responsible and accountable for credit underwriting for existing customers including renewals, modifications, and annual reviews....
Demographic Data for Corona, CA
Moving to Corona, CA? Find some basic demographic data about Corona, CA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Corona, CA
Highest Education Level
Loan Underwriters in Corona, CA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Military Background
- Reimbursement
- Mortgage Lending
- Loan Origination
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Conventional Loans
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Credit Underwriting
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Mortgage Underwriting
- Financial Services
- USDA
- Cash Flow Analysis
- Underwriting
- Internal Control
- Financial Statements
- Fraud Investigation
- Taxes
- Portfolio Management
- Appraisal
- Financial Analysis
- Resolution
- Real Estate
- Relationship Management
- Finance
- Process Improvement
- Analytical Skills
- Accounting
- Quality Control
- Auditing
- Mentoring
- Documentation
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Time Management
- Staff Supervision
- Organization
- Communication Skills
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